NITORI Group’s Sustainability
Sustainability Policy
Taking steps toward achieving our mission while resolving
the issues of the world, aiming for a better future.
NitoriGroup has been advancing towards the realization of its mission “Enrich the everyday lives of people all over the world.” The result is a vertically integrated business model of “Manufacturing-Logistics-IT-Retail Business.” This business model enables us to provide customers with products and services that are “Offering the Unexpected,” while achieving thorough efficiency and cost reductions. Furthermore, this business model will enable us to take actions from a sustainable perspective, considering total optimization, and will lead to the creation of “shared value” that contributes to solving environmental and social issues. We will not be satisfied with the status quo, butrather will continue to reform and faithfully face the ever-changing challenges of the world. Together with our customers and all other stakeholders, we will strive for a “better future” for the environment and society and realize sustainability management that is unique to the Nitori Group.
Sustainability Management Promotion System
The Sustainability Management Promotion Council consisting of managers of operating companies whose functions relate to sustainability issues sets specific sustainability targets and formulates measures to address them. The Sustainability Management Promotion Committee, chaired by the Representative Director & President of NITORI Holdings, Co., Ltd., discusses general sustainability matters relating to NITORI Group as a whole. Based on these discussions, the Board of Directors provides advice on the progress of the initiatives and determines the direction to be taken and the measures to be implemented by NITORI Group.
Group-wide Initiatives to Promote Sustainability
At NITORI Group, each employee considers his or her career plan for the next 30 years and submits it to the company every six months. In considering their career plans, employees link their plans to the social issues (SDGs) they wish to resolve and consider solutions.
Sustainability Framework
Approach to Sustainability – Strategy to Achieve Our Mission and Vision –
NITORI Group will promote sustainability management as an essential element of corporate strategy to achieve our mission and vision. By taking advantage of our business model that integrates manufacturing, distribution, IT, and retail, we will address social issues throughout the entire supply chain as expected, create value to be shared with our stakeholders, and develop a medium to long-term growth strategy out of the efforts, which will lead to the achievement of our mission and vision. To achieve sustainable growth in a business environment with increasing uncertainty, it is also important to strengthen the business foundation that supports medium- to long-term growth realized by addressing ESG issues. In the face of environmental and social issues, such as climate change, we will weigh risks and opportunities, address ESG issues not only in Japan but across the globe, make our business model more resilient, and fulfill our corporate social responsibility.
Key Sustainability Issues (Materiality)
To link sustainability initiatives more closely with management strategy and achieve its mission and vision, NITORI Group reviewed environmental and social issues based on the importance for stakeholders and the Company and identified key sustainability issues.
Initiatives centered on SDGs
To achieve our mission and vision, NITORI Group will focus on business activities rolled out through its business model based on the customer’s perspective and contribute to the achievement of SDGs through all corporate activities, including value creation with various stakeholders.
Of the 17 goals that constitute SDGs, we judge that there are high relevance and compatibility with 16 goals (1,3, 4, 5, 6,7, 8, 9, 10, 11, 12, 13, 14,15, 16, and 17), and we will thus promote our initiatives aimed at contributing to the achievement of these goals.
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